@mysteryman,
mysteryman wrote:
Are these your words?
Quote:What Obama tax increase?
Please cite the legislation Obama signed that will raise taxes.
I think you are confused about who passed the legislation and who signed it. The GOP did. You can't blame Obama for a bill he never signed and never voted on
So you did say that Obama didnt sign any bills that raised taxes.
I didnt make your words up, but I did quote them.
I have kind of given up on various threads. The spitting is getting tiresome, but this spat still intrigues me.
Much is made of the tax cuts due to expire at the end of the year. President Bush signed off on them in 2001 and they included a sunset provision. Unless extended by Congress and signed by the President, they would expire on Dec 31, 2010. Congress, with bi-partisan ambivalence, punted until after the mid-term elections and the issue may or may not be resolved in the lame-duck session with either an extension or some new legislation. Their is a proposal out there to extend the cuts until (surprise, surprise) after the 2012 elections.
Perhaps, Mysteryman, that is a tax increase you are saying President Obama signed. But it is simply not true.
In the 2009/2010 budget he did agree to a Death Tax. If one could arrange to die in 2010 as opposed to 2011, a tax could be avoided. Was that one that you were thinking of? My understanding, though, is that any competent estate planner can circumvent that.
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